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6061 NE Simpson St

Portland, OR 97218
  • $2,800,000
  • STATUS: Active
  • ID#: 24237499
UPDATED: 28 min ago
$2,800,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,065
    SQFT
  • $396
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Information

Elementary School:
Middle School:
High School:

Description

A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than The Bordak Group are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-14T14:43:22.86.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or The Bordak Group and should be independently verified.
www.thebordakgroup.com/homes/152097387
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6061 NE Simpson St Portland, OR 97218

  • Price: $2,800,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • ID#: 24237499
0
Beds
0
Baths
0
½ Baths
0.24
Acres
7,065
SQFT
$396
$/SQFT
2024
Built
Neighborhood:
142-Portland Northeast
County:
Multnomah
Area:
142-Portland Northeast
Elementary School:
Rigler
Middle School:
Beaumont
High School:
Leodis Mcdaniel
Property Description
A newly constructed property in the Cully neighborhood, boasting a contemporary design aesthetic, is fully rented out and presents a fantastic investment opportunity. This turnkey property offers the added advantage of a completed condo plat, allowing the new owner to finalize and file the necessary documents to convert the units into individual condos at any time, providing flexibility and potential for increased returns.
Exterior Features

Attached Garage YN No Exterior Description Cement Siding Lot Features Level Parking Features Paved Road Surface Type Paved Roof Composition View YN No

Interior Features

Cooling Mini Split Cooling YN Yes Heating Mini Split Heating YN Yes

Property Features

Bank Owned YN No Fuel Description Electricity Green Certification YN No Gross Income 218040 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional Other Net Operating Income 192080 Operating Expense 10960 Property Attached YN No Property Condition New Construction Rent Includes Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Tax Annual Amount 15000 Tax Year 2023 Water Source Public Water Zoning RM1

Listing provided courtesy of eXp Realty, LLC: 971-506-9970.


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than The Bordak Group are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-01-14T14:43:22.86.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or The Bordak Group and should be independently verified.
 
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The Bordak Group
115 Davidson Avenue Suite D
Woodland WA, 98674